The Malaysian Insider :: Showbiz |
Madonna inks Interscope deal, new album in January Posted: 15 Dec 2011 07:39 AM PST
She plans to release her first album for Interscope next month, first studio album in five years. A source familiar with the deal's terms said it could be worth between US$20 million (RM63.73 million) and US$40 million for Madonna (picture) and Live Nation combined. Madonna walked away from a 24-year relationship with Warner Music Group to sign a broad US$120 million 10-year deal with Live Nation Entertainment that encompassed touring, ticketing, merchandise, digital assets and three albums. At the time Live Nation executives had privately predicted its Madonna deal was a sign of a change in the struggling recorded music business that would eventually make traditional music labels irrelevant. It also signed hip-hop artist Jay-Z and rockers Nickelback to similar multi-year so-called '360 degree deals'. But Live Nation's concert and ticketing business has been hit by the wider economic downturn and sources said the company needs major labels after all to get the marketing and distribution heft required to promote major artists like Madonna and Jay-Z. Since Live Nation did the deal with Madonna in October 2007 its shares have fallen more than 60 per cent. In Feb 2010 it closed its deal to merge with ticketing company Ticketmaster after a year-long regulatory inquiry. Madonna is kicking off her Interscope relationship with an album set for release in the last week in January ahead of her upcoming halftime appearance at the Super Bowl on Feb 5. The 53-year old singer also plans to release her new movie 'W.E' on Feb 3. – Reuters Full content generated by Get Full RSS. |
Sacha Baron Cohen stars in ‘The Dictator’ Posted: 15 Dec 2011 06:03 AM PST Sacha Baron Cohen as 'The Dictator'. – Picture courtesy of Paramount Pictures The despot they speak of is General Aladeen, the latest character Sacha Baron Cohen portrays, following up his Borat and Bruno films with a third-world country leader exiled to the US. Co-written by Cohen, the story is inspired by the novel Zabibah and The King by Saddam Hussein. The satire is described as a "heroic story of a dictator who risks his life to ensure that democracy would never come to the country" he so lovingly oppressed. This teaser trailer features footage with Megan Fox (Transformers) and John C. Reilly (Carnage). Directed by Larry King (Borat, Bruno, Seinfeld), it also stars Anna Faris (Scary Movie 5) and Ben Kingsley (Hugo). The comedy is currently set for a May 9-11 release in Australia, Hong Kong, certain European markets and North America, followed by May 16-18 in Scandinavia and France and the UK on May 20. Trailer: http://www.youtube.com/watch?v=MFsNeR1aJx0 – AFP Full content generated by Get Full RSS. |
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